According to Suze Orman, how much of Jackie Martin's portfolio should be invested in growth investments if she is 40 years old?

Question

Quizplus · Accepted Answer

According to Suze Orman's advice, the percentage of a portfolio that should be invested in growth investments is determined by subtracting the individual's age from 100. For Jackie Martin, who is 40 years old, this calculation would be 100 - 40 = 60. However, the closest option provided is 70 percent, which suggests a possible misunderstanding in the question's details or a misalignment with Orman's standard advice. Typically, the formula suggests a more aggressive investment strategy for younger individuals, with the percentage allocated to growth investments decreasing as one ages. However, based on the options provided and typical financial advice principles, 70 percent is the closest match, indicating a potential error in the question's formulation or options.

According to Suze Orman, How Much of Jackie Martin's Portfolio